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They can for the most part legally repossess the car when you miss 1 payment. This is all spelled out in the contract you signed. In reality they will, more than likely, not start repossession proceedings if you miss 1 payment. Miss 2 payments and they for sure will. If you are having problems making the payments do not just ignore this. Contact the lender and work something out. The last thing you want to happen is get the car repossessed and ruin your credit for 7 years.
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∙ 9y ago
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Can westlake financial repo your car?
if you are behind on payments then yes they can
How does westlake financial services in California repo automobiles in Illinois?
Usually with a tow truck.
How long must a financial institution hold a vehicle after repossession before it can be disposed of?
im Missouri it is 10 days after repo, the title can be filed for repo by institution.
What are the repossession laws in Texas?
REPO LAWS DOT COM has a good over view of the rules in Texas.
How long does it take a repo man to repo a car in California?
A long time if you hide it well!
Can they repo in the middle of the night?
Yes, they can repo at anytime day or night as long as there is no breach of the peace.
How and where do you get started in the repossession business in Minnesota?
I suggest you do a little reading befor you go out in the repo world. Read this first and then, this Take your time, the more you know, the better your chances of success.
Can repo people repo your auto from privet property otherthen yours?
Yes they can, as long as it is the correct vehicle.
How long does a paid off car repo stay on your credit report?
7 years from the date of repo.
How long can a buy here pay here dealer hold your car after repo?
A car dealer can hold a repo as long as he is the lien holder on the title.
How long does a repo company have to take your car?
As long as it takes to get it back.
What is special about the Repo Truck company?
There is no company with the name "Repo Truck", but "repossession" of a vehicle simply means the financial lending company "takes back" the vehicle, because monthly payments on the vehicle have ceased.
